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Vendaval -> Cash benefits for political convention cities (8/22/2008 11:30:13 AM)
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Ever wonder what kind of profit a city can make hosting a major political convention? Numbers bolded for emphasis.
"Conventions bring rivers of cash to host cities"
By Andy Sullivan
"WASHINGTON (Reuters) - Along with TV cameras and funny hats, the 45,000 Democratic and Republican convention-goers will bring something more important to Denver and Minneapolis-St. Paul: their credit cards.
Each U.S. political convention is expected to generate $150 million to $250 million for its host city, a river of cash that will flow to downtown hotels, restaurants, shopping malls and tourist spots -- not to mention city tax coffers.
Local brewers are rolling out convention-themed beers. Artisans are churning out convention-themed clothing, buttons and trinkets. Greenhouses are doing a brisk business in red, white and blue flowers as homeowners spruce up their yards."
http://www.reuters.com/article/politicsNews/idUSN2149869420080822
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